10.05.2018 - USDCAD D1 - Trading With Price Action - Railroad tracks formation

Pair: USDCAD D1 (5 candle - New York close)

Entry: trend trading with railroad tracks formation - sell limit order

Entry: 1.2859 or 1.2910

Exit: 1.2560

SL: 1.3010

R/R: 1:2 or 1:4

USDCAD - Trading with price action - Railroad tracks formation

USDCAD moved higher two days ago and broke key level at 1.2966. In the D1 USDCAD chart below, we can see a bearish railroad tracks formation that formed after yesterday's candle close at 1.2854. According to my strategy-method-algorithm, I set a pending sell limit order at directly, right on the close of the 2nd (bearish) candle of this railroad tracks' formation. There is another opportunity (2nd chance) to go short at 50% retracement of this railroad tracks formation length at 1.2910. If you would like to see how I pick my entries in the market, check this article

7 Secret Rules To Pick The Best Entry Trading Forex

I see the potential for downside movement into 1.2570 - 1.2540 area. As always, trade at your own risk.

10.05.2018 - USDCAD  D1 - Trading With Price Action - Railroad tracks

09.05.2018 - Crude Oil - WTI D1 - Trading With Price Action

WTI D1

Entry: trend trading with pin bar - buy limit order

Entry: 68.96

Exit: 72.66

SL: 67.11

R/R: 1:2

Crude Oil - Trading with price action

Crude Oil - WTI moved higher last week and broke key level at 69.50. In the D1 WTI chart below, we can see a bullish pin bar buy signal that formed after breakout yesterday. According to my strategy-method-algorithm, I set a pending buy limit order at 50% retracement of this pin bar's length at $68.96. If you would like to see how I pick my entries in the market, check this article

7 Secret Rules To Pick The Best Entry Trading Forex

I see the potential for upside movement into $72.50 - $73.00 area. As always, trade at your own risk.

WTI D1 - Trading With Price Action

Books That Inspired Me The Most

09.02.2018 - GBPUSD D1 - Trading With Price Action

Pair: GBPUSD (5 candle - New York close)

Entry: trend trading with pin bar - sell limit order

Entry: 1.3963

Exit: 1.3683

In the D1 GBPUSD chart below, we can see a bearish (fakey) pin bar sell signal that formed after an inside bar formation yesterday. I went short at 50% retracement of this pin bar's length. I see the potential for downside movement into 1.3660 - 1.3730 area. As always, trade at your own risk.

If you would like to see how I pick my entries in the market, check this article

7 Secret Rules To Pick The Best Entry Trading Forex

09.02.2018 - GBPUSD D1 - Trading With Price Action